Euroclear and HSBC are partnering to launch AutoFX, an automated FX service designed to help financial institutions prepare for Europe’s and the UK’s T+1 settlement shift in October 2027. The service will integrate FX conversion directly into securities settlement across more than 30 currencies, offering real-time tracking, intraday fixing points, transparent pricing and tools to reduce funding requirements. The partnership highlights the growing need for automated FX and settlement infrastructure as markets move toward faster post-trade processing.
